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Gary K Simon - River Edge, New Jersey

Debtor:

ᐅ Simon, Gary K - River Edge, New Jersey (Court Case:11-45415-RG)

Bankruptcy filed - December 2011, discharged - April 2012
Full Name: Gary K Simon 
Court Case:   11-45415-RG
Chapter 7: In the framework of Chapter 13 bankruptcy, a structured repayment plan is central, differing significantly from scenarios where assets are liquidated to satisfy debts. Here, rather than resorting to the sale of the debtor's nonexempt property, a managed plan allows for debt resolution while the debtor retains their property. This method involves organizing payments to creditors, overseen by a trustee, without the need to liquidate assets. It's designed to protect certain assets from being sold, providing a path for debtors to avoid the potential loss of property while addressing their financial obligations.
Filed: December 12, 2011
Discharged: April 02, 2012